Page 1276 - Markets News
Angel One, Emkay Global: Brokerage stocks may rally up to 15%, show charts
Trend of brokerage firms appear attractive on technical charts, progressive uptrend to continue.
 "Angel One, Emkay Global: Brokerage stocks may rally up to 15%, show charts")
Aditya Birla Capital gains 4%; hits 52-week high post launch of QIP issue
On June 1, the company's board approved preferential issuance of Rs 1,250 crore to its promoter and promoter group entity, out of the total approved equity fund raise of upto Rs 3,000 crore.
 "Aditya Birla Capital gains 4%; hits 52-week high post launch of QIP issue")
Analysts struggle to find investment-worthy themes in the current market
Sectorally, the realty, auto, healthcare and capital goods indices are the top performers so far this fiscal, while the benchmark S&P BSE Sensex has gained around 7 per cent.
 "Analysts struggle to find investment-worthy themes in the current market")
Stock of this aerospace & defence company has zoomed 63% so far in June
Shares of Apollo Micro Systems hit a new high of Rs 55.25, zooming 355 per cent in past one year, as against 19 per cent rise in the S&P BSE Sensex.
 "Stock of this aerospace & defence company has zoomed 63% so far in June")
InterGlobe Aviation market-cap nears Rs 1-trn mark; surges 26% in 2 months
IndiGo's market cap hit Rs 97,921 crore in intra-day trade on Tuesday and was less than 2 per cent from hitting the milestone.
 "InterGlobe Aviation market-cap nears Rs 1-trn mark; surges 26% in 2 months")
Stocks to Watch: Lupin, Vi, Tech M, Bharti Airtel, Aditya Birla Capital
Stocks to Watch on June 27, 2023: Lupin: As per reports, Lupin is considering a restructuring move to unlock value by demerging its API (active pharmaceutical ingredients) business
 "Stocks to Watch: Lupin, Vi, Tech M, Bharti Airtel, Aditya Birla Capital")
Bias for Nifty PSU Bank, Pvt Bank indices remain bullish; here's why
According to Ravi Nathani, an independent technical analyst, the current consolidation in Nifty Pvt Bank index is more time-based rather than price-based.
 "Bias for Nifty PSU Bank, Pvt Bank indices remain bullish; here's why")
Tata Mutual Fund suspends fresh inflows into Tata small-cap fund
The fund house said that existing systematic investment plans (SIPs) and requests for new ones will continue
 "Tata Mutual Fund suspends fresh inflows into Tata small-cap fund")
SmallCap World Fund offloads Aavas Financiers' shares for Rs 111 crore
SmallCap World Fund on Monday offloaded shares of financial services company Aavas Financiers for nearly Rs 111 crore through an open market transaction.
 "SmallCap World Fund offloads Aavas Financiers' shares for Rs 111 crore")
Shares of Shree Cement decline nearly 6% amid tax survey reports
The development happened after some news reports alleged that the Kolkata-based cement manufacturer could have evaded taxes worth Rs 23,000 crore
 "Shares of Shree Cement decline nearly 6% amid tax survey reports")
AUM of domestic passive funds tracking Nifty indices tops Rs 5-trn mark
As of May 31, 2023, there are 251 passive funds tracking 101 unique Nifty indices
 "AUM of domestic passive funds tracking Nifty indices tops Rs 5-trn mark")
Apollo Tyres: Valuations reflect positives, margin expansion a key trigger
The stock is trading at 16 times its estimated FY25 consolidated earnings per share
 "Apollo Tyres: Valuations reflect positives, margin expansion a key trigger")
Investor Service Centres to provide certain basic facilities: Sebi
The new directive would come into force from the 90th day from this Monday, while those related to knowledge upgradation will be compiled in a phased manner
 "Investor Service Centres to provide certain basic facilities: Sebi")
Sebi comes out with disclosure formats of governance compliance for REITs
These would come into force from the financial year 2023-24 onwards, the Securities and Exchange Board of India (Sebi) said in four separate circulars
 "Sebi comes out with disclosure formats of governance compliance for REITs")
ICICI Securities surges 10% on buyback plan, valuation hits Rs 20,000 cr
Board to meet on July 29 over proposal; Drone maker Ideaforge Tech's IPO subscribed 3x on heavy retail interest
 "ICICI Securities surges 10% on buyback plan, valuation hits Rs 20,000 cr")
Auto, Pharma stocks shine in lacklustre trade; IdeaForge IPO subscribed 3x
CLOSING BELL ON JUNE 26, 2023: The Sensex ended on a flat note, down 9 points, while the NSE Nifty 50 gained 26 points in trade on Monday.
 "Auto, Pharma stocks shine in lacklustre trade; IdeaForge IPO subscribed 3x")
Parag Milk soars 15%; hits 52-week high after pvt fund buys stake
Sixth Sense India Opportunities III acquired over 200,000 shares of the company via the open market.
 "Parag Milk soars 15%; hits 52-week high after pvt fund buys stake")
Recession risk, rate rises drive down private equity deals to 4-yr low
Since the start of the year, buyout firms have been unable to secure cheap debt and have had to draw on their own funds, marking a departure from traditional leveraged buyouts
 "Recession risk, rate rises drive down private equity deals to 4-yr low")
PolicyBazaar hits fresh 52-week high; stock nearly doubles from 52-week low
The stock of fintech company was trading at its highest level since May 2022.
 "PolicyBazaar hits fresh 52-week high; stock nearly doubles from 52-week low")
Bajaj Auto, Tata Comm: Trading strategies for stocks turning ex-dividend
The overall trend in these stocks remain positive, however crucial hurdles need to be conquered to rally further.
 "Bajaj Auto, Tata Comm: Trading strategies for stocks turning ex-dividend")